Naver Corp

Poshmark lays off employees just two months after being acquired by Naver

Poshmark, a Redwood City, California-headquartered secondhand apparel marketplace, is laying off a proportion of its 800+ employees. The reduction is coming about two months after South Korean intern

Chat app Line to raise $1.33BN via convertible bonds to double down on financial services

Move over stickers and games: Japanese messaging app firm Line has announced it’s raising around 148.1 billion yen ($1.33BN) through convertible bonds to fund aggressive expansion into the fina

Syte.ai, a visual search startup just for fashion, closes $8M Series A

Syte.ai, a visual search startup focused on fashion products, announced that it has raised an $8 million Series A. The lead investor is NHN Ventures (the investment arm of Korean internet services gia